Table 3.
Spatial econometric model screening results.
| OLS model | RE model | FE model | |
|---|---|---|---|
| General panel screening results | |||
| LM-SLM | 16.662*** | 0.0213 | 0.0213** |
| LM-SEM | 36.701*** | 15.893*** | 15.893*** |
| Robust LM-SLM | 41.154*** | 0.0317 | 0.0317** |
| Robust LM-SEM | 61.193*** | 15.904*** | 15.904*** |
| Spatial panel model screening results | |||
| LR-SDM/SEM | 20.12*** | Prob > chi2 = 0.0026 | |
| LR-SDM/SLM | 20.53*** | Prob > chi2 = 0.0022 | |
| Wald-SDM/SEM | 18.00*** | Prob > chi2 = 0.0062 | |
| Wald-SDM/SLM | 18.99*** | Prob > chi2 = 0.0019 | |
| Hausman | 19.94*** | 0.0013 | |
| LR-Space Fixed | 57.59*** | Prob > chi2 = 0.0000 | |
| LR-Time Fixed | 410.63*** | Prob > chi2 = 0.0000 | |
*, **, ***denote variables significant at the 10, 5, and 1% levels.